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X lands money licenses in Illinois, New Mexico

Payments Dive

The social media platform is now nearly halfway to securing the state licenses needed to fulfill owner Elon Musk’s vision of a nationwide payments app.

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Emergent Technology Invests In Trust Stamp To Verify Identities

PYMNTS

According to Emergent Technology, Trust Stamp’s main application uses facial biometrics and proof of life tests to create unique and secure digital identities. Biometric data is then recorded and matched with a photo ID, public records or social media to verify the person’s identity.

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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

HQ: Albuquerque, New Mexico. Tags: Risk management, security, regulation, compliance. Latest round: $20 million (at $100 million valuation). Total raised: $31 million. Source: Finovate. Restaurant point of sale system. Latest round: $15 million Series A. Total raised: $15 million. Source: Crunchbase. FundsIndia.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

Then, they spent an equal amount of time working on distributing that content both through social media (Reddit, personal finance forums) and through SEO (which wound up driving about 20% of Mint’s overall traffic). social security number (for tools like Robinhood and Credit Karma). Your SECURITY QUESTIONS????

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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

Atari spent $20M securing the movie rights, built the notoriously-hard-to-play game in just five and a half weeks, then produced 4 million cartridges, of which 2.5 Atari had a landfill in New Mexico for unsold product where many of the E.T. At a time when Atari was the undisputed monarch of video gaming and E.T.